Clear trends are emerging in our weekly technical analysis sector review. Top Equity News loves it when the market tells us exactly where to put money, and where to avoid stashing any cash.
This week, the emerging buy candidates absolutely have an unmistakable flavor, finance, finance, and more finance. TEN also sees membership in the mature sell club growing. If you think about the cycle of emerging buy to mature buy to emerging sell to mature sell back to emerging buy… the fatter the mature sell list gets, the more emerging buy candidates we are sure to see.
Once again, it appears as if the institutions are rolling out of the old and into the new. Oh, and by the way, it sure does look like Wall Street is attempting to drive a stake through the heart of gold.
EMERGING BUY: industries with positive technical analysis traits that are in the early stages, indicating possible above average returns in the near-term:
Asset Managers
Business Training
Banks
Gambling
Business Support ** Love the buy signal here
Real Estate
Investments
Specialty Finance
Financial Services
Financials ** ditto on the love for the buy signal
Software
MATURE BUY: industries that have outperformed and their charts suggest the above average returns could continue:
Media
Building Materials
Construction & Materials
Computer Services** another lovely signal
Consumer Finance
Tech Hardware
MATURE SELL: industries that have under-performed and, based on their current chart patterns, could continue to lag:
Airlines
Basic Resources
Basic Resources
Beverages
Electricity
Food & Beverages
Property & Casualty
Multi-Utilities
Consumer Goods
Non Ferrous Metals
Integrated Oil & Gas (thanks to gas)
Gold Mining
Food Producers
Food Products
Gas Distributors
Gas & Water Utilities
Utilities
EMERGING SELL: industries that have fresh negative technical analysis set ups and could have subpar performance in the weeks ahead:
Aerospace
Biotech
Travel & Leisure
Industrial Supplies
Oil & Gas (due to the gas side of the ledger)
Pharmaceuticals
Restaurants & Bars
Distributors & Vintners
Water
Sector Selector: There’s Money in Them There Banks, I tell ‘Ya is an article from: 
